Yes, your returns are taxable. At the end of each year we will provide you with a statement of the interest you have earned, net of our fees, to make it easy to complete your tax return. Please refer to our Product Disclosure Statement for further information regarding tax on your RateSetter investment. The tax implications outlined in our Product Disclosure Statement are general in nature, and do not take into account your specific circumstances. You should obtain specific taxation advice relating to your particular circumstances from a suitably qualified taxation advisor before investing.